Upbit warns users about Cronos (CRO) investment risks
On March 20th, according to an Upbit announcement, the Korea Digital Asset Exchange Association (DAXA) has issued an investment risk warning to Cronos (CRO). The CRO will undergo a network upgrade in March 2025 and publish a proposal for additional issuance. The proposal was voted on March 17th to increase the total issuance of the CRO from 30 billion to 100 billion, which is expected to lead to increased price volatility. DAXA may take further protective measures, such as designating a trade warning or terminating trade support, depending on market conditions.